HOMAG Group AG announced that with effect as of March 31, 2015, the current CFO of HOMAG Group AG, Mr. Hans-Dieter Schumacher, is leaving the company on his own accord by mutual agreement. A corresponding termination of service agreement was concluded on March 5, 2015. At extraordinary meeting, the supervisory board appointed Mr. Franz Peter Matheis, until now managing director of Schenck RoTec GmbH and commercial director of the Dürr Group's Measuring and Process Systems division, as the new CFO of HOMAG Group AG with effect as of April 1, 2015.

With effect as of April 1, 2015, CEO Ralph Heuwing will take over the board function of Personnel Director at HOMAG Group AG from Hans-Dieter Schumacher.